FlixBus Raises Growth Funding Round

Backers included Silver Lake and existing investors General Atlantic, Holtzbrinck Ventures and Daimler.

The company intends to use the funds to further drive expansion plans.

Founded in 2013, FlixBus is a provider of intercity bus travel haing served more than 60 million passengers since inception, through 100,000 daily connections to 1,000 destinations in 20 countries across Europe. Its e-commerce and technology platform enables the company to work effectively with its independent bus partners who operate the network while FlixBus focuses on network and capacity planning, quality management, and sales and marketing.

The company currently works with more than 250 independent bus partners to offer a comprehensive network in Germany, France, Italy, Austria, and the Netherlands, as well as cross-border services to countries including Scandinavia, Spain, and the UK.